http://rosaritorealestatefacts.com/openletter.htm
BUYERS / SELLERS BEWARE
BUY / SELL PROPERTY IN ROSARITO BEACH BAJA MEXICO
WITH EXTREAM CAUTION – BEWARE!
October 5, 2009
To whom it may concern,
This is to advise all interested parties that a comprehensive draft of this letter will be released to all media centers in California -including San
Diego, Orange County, Los Angeles, and beyond including Nevada, Arizona should this situation not be resolved immediately.
I have recently (Since August 2008) attempted to sell my condominium unit at La Jolla de Rosarito that I purchased through Desarolladora de las
Californias S.A de C.V – Developer of Oceana Condominiums, Oceana Casa del Mar, La Jolla de Rosarito, Oceana Plaza and possibly other developments
around Rosarito Beach and Baja Mexico.
The property has been paid off in full, but apparently has a lien against it which the developer Desarolladora de las Californias S.A de C.V took out
a secondary loan against the property without my knowledge or consent.
Furthermore I and the buyer have a purchase/sell agreement being handled through escrow in Baja Mexico and we have been waiting for over 220 days for
the lien to be released in order to move forward with the closure of the sale. Due to this excessive delay I have come to the conclusion that what we
in the US expect from escrow, is not what you get in Mexico from escrow it’s simply a name used in Mexico to give US investors false security that
their dealings will be handled in an honest and safe manner.
Desarolladora de las Californias S.A de C.V represented by C.P. Julio Cesar Mendivil A. received the final payment balance owed on the property $57,
337.00 USD. On September 4th, 2008 as a pre condition they set prior to the lien being paid off by them, which they have not turned over to the bank
holding title and security mortgage on the property as of this date.
I met personally with C.P. Julio Cesar Mendivil A. on October 22, 2008 to discus why things were taking so long and he blatantly told me that he had
spent the money that was turned over to him on other commitments. I immediately contacted the bank holding the title directly to explain the situation
and spoke to the branch manager and the person directly in charge of the Desarolladora de las Californias S.A de C.V account who expressed to me that
they could do nothing for me since their client is Desarolladora de las Californias and that I must deal with them directly or by legal means as he
stated I had all the necessary elements to file a lawsuit.
I highly urge all interested parties to help resolve this situation immediately in order to avoid yet another plague of bad press directed towards
Rosarito Beach Baja California, Mexico. In order for potential investors in Mexico to have confidence in the system this type of unprofessional action
must stop.
Today is October 5, 2009 and yet absolutely no progress!
Below I have included the contact information for the legal representative of the developer:
C.P. Julio Cesar Mendivil Arguelles
Desarrolladora de Las Californias, S.A. de C.V.
Nextel 152*133193*12
Tel. 100-61-40 al 43
jmendivil@decasamx.com.mx
http://decasamx.homestead.com
http://lajolladelmar.homestead.com/Contactus.html
If I have not finalized this transaction in a professional and satisfactory manner by February 28, 2009 – I will continue to send press releases to
all media outlets indefinitely.
Feel free to forward this email to any and all parties that may be interested, affected or may be of assistance in resolving this issue.
Current Owner
Owner - La Jolla de Rosarito
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